American Express Gold Credit Card

Pay in instalments with no interest and with deferred payment of up to 45 days, with free travel insurance benefit card

American Express® Gold credit card is your privilege! This prestigious credit card can be used for payment of goods and services as well as cash withdrawal in the country and abroad, at any and all locations bearing the American Express logo.

It allows the use of several flexible payment options and provides other benefits, some of which are a higher credit limit, Gold gift package of travel health insurance benefits for the whole world, longer term of deferred payment without interest and Selects, a program of numerous discounts and benefits worldwide.

It is accepted at more than 20,000 sales outlets throughout Serbia, and the number of retailers that join our acceptance network increases each and every day.

It can also be used in 200 countries worldwide, at several million retail outlets, half a million of ATMs and in more than 2,200 American Express Travel Agencies.

PAYMENT IN INSTALLMENTS WITHOUT INTEREST in more than 6,000 stores across the country with which the bank has a business cooperation agreement. The total amount of the transaction is divided into equal monthly instalments, and as such is completely interest-free. The number of instalments is agreed upon with the retailer (with a maximum of 12). The first instalment is due for payment in full immediately with your next monthly statement. All subsequent instalments are due in full via the statements in the coming months, depending on the number of instalments, and are entirely interest-free.

DEFERRED PAYMENT WITHOUT INTEREST UP TO 45 DAYS at any retail outlet in the country and abroad.

REVOLVING CREDIT allows you to settle the minimum monthly commitment fee in the amount of the sum of 5% of the remaining debt, accrued interest, fees and other charges, while the interest rate is calculated on the remaining amount of debt. The minimum amount of 5% is calculated on purchase transactions at retail locations and ATM cash withdrawals, while membership fee, interest, other fees, instalments, and charges for cash withdrawals at ATMs are charged in full on a monthly invoice. A fixed interest rate in the amount of 15,62% per annum is calculated on the amount of debt in dinars (Effective Interest Rate on an annual basis of 16,26%), while a fixed interest rate in the amount of 12,60% per annum is calculated on the amount of debt in euros (Effective Interest Rate on an annual basis of 13,23%). Interest rate is calculated by using a compound interest method.

Domestic expenditure is calculated in dinars, while expenditure made abroad is calculated in euros. The deadline for the settlement of the minimum monthly commitment falls on the 15th of the month. Commitments can be settled via Banca Intesa On-line service, Intesa Mobi service, standing order, payment in person at the Banca Intesa or terminals of other banks as well as the Post Office. If you prefer, you can pay an amount that is greater than the minimum monthly commitment or pay the total amount of liabilities.

Example of the minimum monthly commitment calculation:

Transaction

Amount in RSD

1. Purchase at the POS terminal

10.000,00

2. Cash withdrawal at the ATM

5.000,00

3. Purchase in instalments (6,000 in 3 instalments)

2.000,00

4. Membership fee

550,00

5. Cash withdrawal commission

150,00

6. Interest

300,00

Total debt

18.000,00

Monthly commitment 5% to items (1+2)+3+4+5+6

3.750,00

GOLD PACKAGE TRAVEL INSURANCE: With Banca Intesa American Express Gold Card you get a free travel health insurance cardfor the whole world* offering assistance and support on your travel, provided by Europe Assistance, and that all embassies accept as proof of health insurance which they require when granting visas. This insurance package also applies to members of your immediate family when they travel with you. For users of American Express Gold Card this insurance also covers accidents on ski-trip vacations.

SELECTS PROGRAM – numerous privileges, discounts and benefits worldwide designed specifically for the users of these credit cards chosen for you by American Express. This program can be used around the world in several thousand retail locations: restaurants, hotels, spa centers, rent-a-car and tourist agencies.

Annual membership fee for the basic American Express® Gold credit card is 6,600 RSD, while the fee for each additional card is 3,500 dinars. Other fees related to this card can be seen on the website of Banca Intesa within the tariff booklet.

Type of loan

Revolving credit card –American Express Gold

Currency in which the limit is approved

EUR

Criteria for indexing

Dinar equivalent per NBS average exchange rate on the funds withdrawal date

The loan amount

3.000 – 20.000 EUR

The repayment period

36 months

Deposit

No deposit

Interest rate

15.62% on an annual level for consumption in RSD, fixed

12.60% on an annual level for consumption in EUR, fixed

Effective interest rate on an annual basis

16.26% for consumption in RSD *

13.23% for consumption in EUR ** Except in case of significant changes of the dinar exchange rate, when it may be even lower

Security instruments

2 bills of exchange

Costs which are borne by the user, are known at the time of publication and are included in the calculation of the effective interest rate

Annual membership fee

6.600 RSD

2 bills of exchange

100 RSD

Credit Bureau report

246 RSD

Costs borne by the user and are not known at the moment of publication

No additional costs

Type of loan

Revolving credit card – American Express Gold

Loan currency

EUR

Criteria for indexing

Dinar equivalent per NBS average exchange rate

The loan amount

20.000 EUR

Deposit

/

The repayment period

36 months

First Instalment Amount *

112.547,90 RSDif the entire limit is spent in RSD

1000.00 EUR i 550,00 RSDif the entire limit is spent in EUR

Interest rate(on an annual basis)

15.62% for consumption in RSD, fixed

12.60% for consumption in EUR, fixed

Effective interest rate on an annual basis

16.62% for consumption in RSD

13.23% for consumption in EUR

Costs which are borne by the user, are known at the time of publication and are included in the calculation of the effective interest rate

Annual membership fee

6.600 RSD

Credit Bureau report

246 RSD

2 bills of exchange

100 RSD

(*) the amount of the first revolving instalment is 5% of the realized expenditure in the first accounting period and therefore does not include interest (interest for the first accounting period is not calculated), while each following revolving instalment represents the sum of 5% of the remaining debt (minimum 100 RSD / 5 EUR), the total amount of accrued interest, related fees and the amount of due instalment in case of payment in instalments. Each instalment that is related to a purchase in instalments is due for payment in full starting from the first accounting period upon the completion of the purchase, and enters into the minimum monthly obligation for payment, while the revolving interest is not calculated on it.

You can receive other calculations with this product in any of our Bank's branches.

Discover the world of privileges, discounts and benefits that American Express chooses for you. Selects program can be used worldwide in several thousand retail locations: in restaurants, hotels, spas, car rentals and travel agencies all around the world.

With American Express Gold credit card you get a free health insurance card at Gold level with assistance and support by Europ Assistance.

Annual membership fee for the basic American Express® Gold credit card is 6,600 RSD, while the fee for each additional card is 3,500 dinars. Other fees related to this card can be seen on the website of Banca Intesa within the tariff booklet.

The request for issuing American Express® credit cards can be submitted in more than 150 branches of Banca Intesa regardless of whether you are already a client of our bank. Personal ID card is sufficient for submitting a request, and depending on your employment status:

Employed individuals: certificate of employment and income, and if the person requesting the card is a taxpayer on the basis of personal income tax they need a tax return form (PPDG-5)

Self-employed individuals: a certificate by the authorized Tax Administration that there are no outstanding liabilities arising from income tax and other public revenues, as well as the following documents:

in case of a lump sum taxed entrepreneur - tax return form for lump sum taxed entrepreneurs (form PPDG 1P) or a decision report on income tax

in case of a self-taxation - tax return form for entrepreneurs for whom the tax is determined by self-taxation (form PPDG 1S)

if the entrepreneur opted for the payment of personal salary they need three last tax return forms (form PPP PD 1). Along with the aforementioned, we require a bank statement for the account to which the salary is being paid out (containing information on payments for the last three salaries) and a certificate of employment, as well as the size of the salary (Bank form)

tax return form (PPDG-5) if the person requesting the card is a taxpayer on the basis of personal income tax

Retirees - the last three pension checks

Collateral

Two bills of exchange (except for American Express® Green credit card with a 100% deposit, where the collateral is the deposit).